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Insurance
Sompo International Holdings (SIH) has completed the transfer of the Sompo America companies’ business operations and staff into its own Bermuda-based platform. 2 February 2018
Insurance
German insurance group Talanx has coordinated €832 million of senior bond financing to the Borkum Riffgrund 2 offshore wind farm to boost yields in the current low-interest rate environment. 12 December 2017
Insurance
Specialist re/insurance broker THB has appointed Rodrigo Botelho as director of its European division, effective October 1, to expand in Africa. 31 July 2017
Insurance
Sompo Canopius has appointed Bruce Shepherd as a credit and political risk analyst to lead the credit analysis function in the group's credit, political and crisis division. 31 July 2017
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
The new international accounting standard for insurance contracts from 2021, IFRS 17, could temporarily increase the cost of capital for European insurers, Fitch Ratings said in a Jan. 26 note. 29 January 2018
Insurance
Italian insurer UnipolSai Assicurazioni has been approached by a number of reinsurers looking to complete a private placement for the additional €200 million of coverage it is seeking this year—but it will remain loyal to its existing panel of 17 reinsurers, its buyer told Baden-Baden Today. 23 October 2018
Insurance
Profits dipped at SCOR in 2016 in what was an otherwise solid set of results for the French reinsurer, which continued to grow largely thanks to contributions from its Global Life unit while its Global P&C business also expanded its footprint in the US. 22 February 2017
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
News
KKR, the US private equity firm which holds positions in several re/insurance companies including a 25 percent stake in Nephila Capital, has acquired majority ownership of Sedgwick Claims Management Services, a provider of claims and productivity management solutions largely to the insurance and risk management industries. 3 March 2014
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